Asian/Pacific Rim Development

Infrastructure is one of the key drivers of economic development in most Asian countries.  Infrastructure includes services and facilities such as roads, bridges, sewers, water supply, airports, air traffic systems, and shipping that are necessary for the country’s economy to function.  These initiatives require high level of investments.  It is estimated that $26 trillion of infrastructure investment will be required to support Asia’s infrastructure needs through the year 2030.


Agriculture

Agriculture plays a significant role in the economic development of Asia.  Whether it is on the subcontinent where up to 75% of families depend on rural incomes or over 50% in the ASEAN countries, agricultural development will prime driver of economic growth.  The challenges facing the development of agriculture in Asia are manifold:: 1) raising agriculture productivity per acre, 2) reducing rural poverty using strategy for both agricultural and nonfarm employment, 3) reduce food losses by better storage of food grains, 4) promoting soil conservation and sustainable naturel resource management, and 5) assure that agricultural growth responds to food security needs.   In addition, Asian governments, NGOs, businesses, and farmers are making every effort to secure nutritious food for all, increase farm size and protect the environment.  Remarkable results are already visible in the areas of higher yields, reduced water usage and greenhouse gas emissions.  At the same time, climate change is also expected to impact agriculture throughout Asia, especially in the Pacific Islands.  It is extremely important that Asian countries develop solutions to limit the impact of climate change and storms to ensure food security is maintained.  Thirty-Ninth Street Strategies can help your company develop a strategy to take advantage of the growing agriculture industry in Asia.


Energy

Energy demand in Asia is expected to double in by 2030.  The Asian Power Industry is looking for innovative ways to generate power in a socially, economically, and environmentally sustainable manner. Moreover, several countries in Asia are importing energy to meet their needs. Compounding the energy problem is energy poverty in Asia.  Many Asian countries do not have access to coal and oil as natural resources.  Almost a billion people in Asia have no access to electricity.  In Asia, people are burning wood, dung and crop waste to cook and to heat their homes.  As Asian countries try to solve their energy needs they are focusing on natural gas, renewable energy such as solar, wind and waste-to-energy programs.  Access to modern, cleaner energy is essential in Asia.  Thirty-Ninth Street Strategies can help your business better understand the energy environment throughout the various countries in Asia and the Pacific Rim, allowing you to maximize your investment and profits.


Telecom

In many South Asian countries, the telecommunications industry is still regulated and subject to strict oversight.  Telecommunications service is and has always been provided by the government. However, there have been significant changes to telecom infrastructure buildout.  Private sector participation has been introduced and encouraged. Several of the South Asian countries have granted operating licenses to private companies for both fixed and cellular operations which has opened the market to competition.  Even with this growth, many countries, especially in South Asia, still rely primarily on fixed line service.  To continue the buildout and increase reliability, public/private partnerships continue to grow, as do opportunities for new businesses to enter the marketplace.  One advantage to these partnerships is that a private entity does not have to invest as much in building their own facilities – they can take advantage of the government’s already existing facilities and concentrate on expanding service to those communities with limited or no access to phone service or internet.  For the progress to continue, governments will need to continue to encourage collaboration and offer effective incentives to private entities to expand into the high-cost rural areas. Using our background in telecom policy, Thirty-Ninth Street Strategies can help you  identify the best opportunities for expending your business.


Transportation

Throughout Asia, businesses identify lack of proper infrastructure as their biggest problem. Asian governments are doing their best to accelerate the infrastructure development in the areas of road, railways, shipping, bridges, dams and urban infrastructure.  Much of Asia is still rural and transportation is expensive and many times prevents economic growth.  Over the next several years hundreds of billions of dollars will be invested throughout Asia and the Pacific Rim just to try to keep infrastructure with current needs. Moreover many Asian countries will need to upgrade their transportation infrastructure to protect it from natural disasters and climate change.  Much of this funding will come through public/private partnerships.  The experts at Thirty-Ninth Street Strategies can help your business take advantage of these partnerships by helping you understand the economic markets in which they are taking place.

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